Mobile Home Park Details

  • Cap Rate: 8.1%
  • Listing ID: 2346682
  • Posted On: Apr 4, 2023
  • Updated On: Apr 7, 2023

Description

For more information you can also check our website: https://buyfuturerealestate.com/2023/02/09/riverdale-tp-mira-loma-ca-1-7m/

Land Size: 1.36 Acres
Type of Park: All Age Community
# of Spaces: 15 mobile home spaces, 6 RV
Spaces & 3 Apartments
Utilities:
Electric & Gas are Direct Billed
Water & Sewer are Sub-metered
Trash is charged as a flat fee

Location

NEW ELECTRIC & GAS VIA
CPUC UTILITY UPGRADE
APARTMENTS UPDATED
STRONG RENTAL MARKET
BANK FINANCING READY
LOW MAINTENANCE
PRO MANAGEMENT INPLACE
NO RENT CONTROL

11416 Holmes Avenue, Mira Loma, CA 91752

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Park Information

Community Type: All Age
Number of MH Lots: 15
Year Built: 1958
Average MH Lot Rent: $595
Size: 1 acre(s)

Financial Information

Gross Income: $216,927
Operating Expense: $137,385
Net Operating Income: $137,385
Expense Ratio: 63.3 %

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